Off-Topic: New Financial Regulation Bill
(Lake Martin Specific)
111,170 messages
Updated 5/28/2024 5:46:58 PM
Lakes Online Forum
83,644 messages
Updated 5/28/2024 9:14:08 AM
Lakes Online Forum
5,193 messages
Updated 4/3/2024 3:47:36 AM
(Lake Martin Specific)
4,170 messages
Updated 5/28/2024 5:21:13 AM
Lakes Online Forum
4,169 messages
Updated 4/15/2024 11:05:05 PM
Lakes Online Forum
4,261 messages
Updated 5/28/2024 6:31:10 AM
Lakes Online Forum
2,976 messages
Updated 3/20/2024 11:53:43 PM
(Lake Martin Specific)
169 messages
Updated 5/31/2023 1:39:35 PM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
Lake Martin Photo Gallery





    
Welcome, Guest Select View Mode: [ classic | beta | recent ]
Name:   Yankee06 The author of this post is registered as a member
Subject:   New Financial Regulation Bill
Date:   7/17/2010 10:00:18 AM

-The New Financia Bill is really an unkknown. The few who really know what is in it, and what changes it will eventually lead to, are deep within teh administration. All the clowns we see on TV have very little knowledge about the entire structure or impact of the bill . Much like the health care bill, this financial bill has been in the making for years by serious anti-capitalists in left-wing think tanks and organizations. These people have been installed within the administration and congressional committees and are now putting forward these plans as if written in response to the recent crisis. As you'll remember, the president formed a financial review commission to study what went wrong during the financial crise, and develop solutions/reforms based on those findings. The results of this commission will be provided in teh fall. However, congress/administration has decided nnot to wait for those results and recommendations, but rather put into law the left's socialist/statist plan that has been waiting in the wings for years/decades.

-Venezuela: Democrats in Congress have been taking junkets to Venezuela for years, ...and coming back and telling their constituents and the nation how great the changes there are. This is because most of these congressmen and women are really under-educated idiots, who have constantly listened to leftist, anti-capitalist drival for years. Tracing congressional trips to Venezuela, categorizing these trips by party, and then by groups and caucuses within parties would be a very revealing study.

-Finally, who gets hurt by all this? Everybody. History shows that it is not the poor as a class that gets hurt the most by a socialist/statist/communist government. It is teh producing class that gets hurt the most. The type of government that present progressives want is not really socialist or communist, it is statist. In socialist and communist governments, property is owned by teh state (socialism: state owns means of production; communism: state owns all property).
But under the type government our progressives are forming, the state will not own all means of production or property, rather it will "regulate" it. These new progressives are smart enough to know that they can not be "producers." 20th century history shows that whenever leftists or statists take control of a country and its means of producing wealth, the country goes into the tank. But our new statists want the producers to stay in place, ...but work within the regulations that have been set up to support teh leftist agenda. This setup will lengthen the time a country takes to go into the tank. More regulators will control more things, and "producers" will have to develop more "regulatory" inclinations and mind sets, i.e., think more like regulators than producers, and down the slippery slop we all will slide. This how it works, there is noway around it; it is human nature. The process of survival of teh fitist will continue to rule, only now the fitist will be those who make, understand, and abide by and within regulations. those that can't do this will eventually perish. Those with regulatory minds and guts will rise to the top through this Darwinian process. Real producers/innovators/achivers will not be among them.
-What to do: This group of progressives have to be voted out by large margins NOW, and then a new congress has to repeal these laws. It will be a major task, ..an unpopular task, ...and ultimately, ...possibly an undoable task.
-If it becomes legislatively undoable, then the producing class most likely will have to chose between revolt or submission. For all those who think this is out-of-the-mind thinking, it is not. Look to your history books, ..almost evry country has gone through this process several to many times. We have gone through it twice, ..the question is, will we have to go through it again?
Other messages in this thread:View Entire Thread
New Financial Regulation Bill - water_watcher - 7/15/2010 4:47:32 PM
     New Financial Regulation Bill - realfast64 - 7/15/2010 7:28:48 PM
     Me either - MartiniMan - 7/15/2010 7:31:27 PM
          Me either - lotowner - 7/15/2010 8:25:38 PM
               Me either - John boy - 7/16/2010 7:07:29 AM
          How to Undo - MAJ USA RET - 7/16/2010 8:52:02 AM
     New Financial Regulation Bill - widgethater - 7/16/2010 2:05:19 PM
          New Financial Regulation Bill - Yankee06 - 7/17/2010 10:00:18 AM



Quick Links
Lake Martin News
Lake Martin Photos
Lake Martin Videos




About Us
Contact Us
Site Map
Search Site
Advertise With Us
   
www.LakeMartin.com
THE LAKE MARTIN WEBSITE

Copyright 2024, Lakes Online
Privacy    |    Legal